Espiral Technologies
A Fintech company offering financial products and services, making use of information and communication technologies, such as internet pages and mobile applications.
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Seed | ||
| Total Funding | 000k | ||
| USD | 2021 | 2022 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Espiral Technologies de México is a fintech company operating from Jalisco, Mexico, that provides mobile payment and financial management solutions. Founded in 2013 by Alejandro Avila, Alejandro Borrego, Francisco Diaz-Mitoma Jr., and Jay Kline, the company targets businesses with a suite of tools designed to streamline financial transactions.
The core of Espiral's offering is a mobile point-of-sale (mPOS) platform that enables merchants to accept credit and debit card payments through mobile devices. This service is facilitated through a mobile application and certified card readers that connect to a user's device. The business model appears to be commission-based, charging a percentage on transactions processed through its system. Beyond payment processing, the company provides a dashboard for merchants to manage their products, track transactions in real-time, reconcile sales, and download reports.
Espiral aims to enhance financial accessibility and efficiency for its clients by transforming traditional banking processes into user-friendly digital applications. Their services include custom-branded payment apps and integration capabilities with existing ERPs and other applications. The company has received investments from firms such as NXTP Ventures and Naranya Labs and was noted as having been acquired or merged.
Keywords: payment processing, fintech, mobile payments, mPOS, financial software, credit card processing, debit card payments, merchant services, payment gateway, sales analytics, financial technology, point-of-sale, transaction management, ecommerce payments, digital payments, Latin America fintech, payment solutions, business financial tools, mobile commerce, payment platform